In Income Tax v. M/S. Cornelio Packaging, the High Court (2008) dismissed the appeal. The decision went in favour of the assessee.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF BOMBAY AT GOA
TAX APPEAL NO. 25 OF 2008
The Commissioner of
Income Tax. ... Appellant
versus
M/s. Cornelio Packaging. ... Respondent
Mr. S. R. Rivonkar, Advocate for the Appellant.
CORAM : SWATANTER KUMAR, C.J. &
N. A. BRITTO, J.
DATE : 18TH MARCH, 2008.
P.C.:-
We have perused the Order of the ITAT.
The substantial question of law raised in the Memo of Appeal is
based on factual matrix of the case. No merit. Hence, dismissed.
CHIEF JUSTICE
JUDGE
RD.
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